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they both claim. first time they confirm china has done this to an sdf ship. gonodera just spoke about it. >> translator: using this so-called radar, weapons radar, is an extraordinary act. the japanese government believes that the situation could have gotten extremely dangerous. >> >> he says they laj aid protest with chi noose ministry. he revealed it happened on january 30th in international waters. he says the vessels were about three kilometers apart. he says defense ministry analysts are investigating a separate incident from earlier in january. they suspect a chinese navy frigget trained its weapons on a self-defense helicopter. japan and china have wenlocked in a dispute over the senkaku islands. china and taiwan claim the territory. the japanese government nationalized the islands last september. chinese surveillance ships have been navigating in and around or out of japanese waters near the territory ever since. the area around the islands is believed to be rich in natural resources. the disagreement has affected diplomatic relations and trade. >>> security analysts are trying t
. >> that's right. we will also be going to china. we've been reporting all week long, last few weeks as well, and the toxics law in beijing keeping people inside, posing a respiratory threat, especially to the elderly and children now. it is on the move, now in japan. we will be telling you about what people there are doing as well to deal with the threat of china's toxic smog. stay with us. >> welcome back. british prime minister david cameron's bowling conservative party has split in two over his push to legalize same-sex marriages, a move that many of his own lawmakers say was wrong, not a priority for the public, and unnecessarily divisive. >> many conservatives still up in parliament to denounce the legislation ahead of the vote in which up to half of kamins 303 lawmakers are expected to reject the measure on moral and religious grounds. >> matthew and chris were the first to register their relationship at a registry office when england and wales introduced the civil partnership act in 2005. they took the chance to gain official recognition of their 40-year relationship. now the
waters and to establish order based on law and not force. at the same time, the relationship with china is one of the most important for japan. >> reporter: japan is locked in a territorial dispute with south korea over the takashima islands in the sea of japan. abe sent deputy prime minister taro aso to talk with the president. he sent president mori to russia last week to begin longstanding talks with russia. abe will meet later this year with vladimir putin to discuss the territories which are controlled by russia and claimed by japan. abe and obama agreed to cooperate on another source of concern. they said they'll work through the u.n. secretary council on tougher sanctions in north korea. they have urged leaders in pyongyang to stop the provocation, however, those leaders have already signalled their intentions to defy those warnings. president obama indulged the japan-u.s. alliance the central foundation for allegiance security. abe agreed it worked to their mutual benefit. >>> china's leaders were paying close attention to abe's visit, and they didn't like what they heard. a gov
we got to this day. >> yeah, yeah. >> strong numbers out of china. >> that's right. we saw a big improvement there. but i have to say frankly, most people's attention whether it's here or on the other side of the pond is the snowstorm. it seems like winds, 50 miles per hour. blizzard conditions in the u.s. we know when there's a storm like that headed for the biggest media market frankly in the world, it's probably all you're going to hear about for a while. >> that doesn't mean there aren't other things, too the. >> that's true, in other parts of the world. >> china is ushering in the year of the snake. i'm not sure what that means, but we'll talk about it. should investors brace for a slippery return? i have to say, previous years of the snakes haven't been that great since the big historical events happen. >> maybe we should call it year of the strong. >>> peugeot reveals massive write-downs as reports suggest the company may nationalize. we'll have details live tr paris at 10:10 cet. sxwt latest on the blizzard threatening to bring chaos to the east coast. we'll have the late
more from jakarta. >> a factory. a producer of children's clothing is moving its production to china. more than 200 workers have been sent home with severance pay. >> for the garment industry, as our cause is very high. ground 30%. the minimum wage goes up by 50%, like in jakarta, our salary will be 45% up a total cost. this is dangerous because we are competing with cheap imports from china. >> this is not what you expect to see in a booming economy, a factory closing down and moving its production abroad. employers are complaining that higher labor costs will lead to higher unemployment. indonesia's's economy is growing more than 6%. labor unions demand a fair share for their workers. after a crowded and sometimes violent protests, local governments decided to raise the menem wage by 40%. at the end of january, many workers began receiving a higher salary of around 200 u.s. dollars per month. still not enough to afford proper housing. others have yet to receive a raise because employers are still negotiating with the government, like these metal workers. >> we need a proper life. t
china sea. chinese and japanese vessels were navigate ago way from the islands at the time. analysts say both sides may have been seeking to avoid escalating tensions around the islands. officials with japan's defense ministry say that june 30th, a chinese frigate locked weapons targeting on a destroyer. the two ships were reportedly 3 kilometers apart. a japanese helicopter from another destroyer is also believed to have been a targeted by fire control radar from a different chinese frigate on january 19th. the ship was reportedly a few kilometers away. patrol ships of the japan coast guard are assigned to waters near the senkaku islands. china repeatedly sends its surveillance vessels into the area. >>> japan's prime minister is calling what happened at sea regrettable. shinzo abe says this kind of action could trigger unexpected consequences. >> translator: it's deplorable that china carried out this one sided provocative action. just as our countries were working towards holding talks to improve our strained ties. >> abe said he'll urge chinese leaders to prevent this kind of thing f
, thank you for shedding light on what you're doing. tensions have been renewed between japan and china. the prime minister has accused china of provocative activity in the east china sea over their rival claims to disputed islands. the incident on tuesday when a warship locked on to a japanese destroyer, he called it a unilateral and dangerous act that could have unpredictable consequences. we have this report, from tokyo. >> january 30, japan says that a chinese navy frigate like this one locked its fire control radar onto a japanese destroyer in the east china sea. about 10 days earlier tokyo says that another frigate like this one did exactly the same to a navy helicopter. addressing parliament today, the prime minister condemned both it -- condemned both incidents. >> at a time when there were hopeful signs of japan and china resuming talks, it is report -- it is regrettable that they have engaged in this one-sided and provocative action. >> incidents are reported to have taken place close to this group of islands, which japan controls but china claims as its own. for months japane
governments on monday that they would go forward with the test. >>> officials in china's foreign ministry issued a statement strongly protesting the test. they criticize their allies and pyongyang for ignoring repeated calls to abandon their plans. nhk world reports from beijing. >> reporter: chinese leaders have made it clear that they oppose the test. communist leader says he wants the key reyan peninsula to be stable. north korea may be a traditional ally but chinese leaders say the nuclear program as a threat to their national security. but they also oppose tougher sanctions. they believe joining the u.s., japan and other countries in pushing for more sanctions would further isolate the north. at the same time, north korean leaders have not responded to china's call for an early resumption of the six-party talks on the north's nuclear program. the talks have been stalled for more than four years. chinese officials maintain that the talks are the only way to achieve a peaceful and nonnuclear korean peninsula. they may find themselves in a difficult position as international pressure is
the economies of europe, japan, china, and south korea. next, on booktv. this is a little over an hour.ro ba okay. it is great tock be back at the society. >> for 25 years now, we enjoy a terrific relationship with the a japan society in so manyys wayse ved quudible] bed we have lived quite a bit o time in this is great to be with you let's see, in terms of this whole notion of the book, you know, by the way, it's a very modest title, banker to the world. [laughter] you know, when i heard of this -- and i'm a very close personal friend of bill's, like everybody in this room is, and so when testifies talking to me about this -- when he was talking to me about this concept of what he wanted to write about, lessons of debt cry cease and all of this, i just knew that it was right in our sweet spot in what we needed to be able to do. so we were able to convince him, and so now i'm not talking to you as his friend, i'm talking to you as his publisher. [laughter] and we had this decision, you know, we were going to do this book, and we kid. and we did. now, the ink wasn't even dry on this book when
with officials of china and russia, which are permanent members of the u.n. security council. >>> south korea's incoming president says she may have to decide,deal with it as part of her administration. she made it part of her platform in how to build relations and trust with the north. >> translator: north korean actions affect our policy. the north should understand with any further pro provocation, we will be able to have a dialogue, even if we want to. >> park made the remark on wednesday at a meeting of transition committee panel on foreign affairs in north/south relation. she said the north's nuclear test on tuesday clearly shows the difficulty of building trust and peace on the korean peninsula. she indicated that for the time being, she will focus on preventing such provocation to avoid anxiety spreading among the south korean people. >>> south korean military personnel are trying to determine the type of bomb used for their test. they have taken to the sea and the sky to search for radioactive substances. a defense ministry spokesperson says the samples could help determine the makeu
. and they say the groups conducting these activities are based primarily in china and they say the chinese government is aware of them. the analysts say a group known as apt1 has targeted nearly 150 victims over seven years, institutions and companies around the world. they concluded that the group is likely government sponsored. they traced apt1 to four computer networks in shanghai. the analysts linked two of the networks to a unit of the people's liberation army. unit commanders are said to recruit students with computer skills who are fluent in english. their believed to have recruited several hundred to several thousand members. u.s. law enforcement officials have launched a campaign to crack down on those stealing trade secrets. >> as critical technologies have advanced, criminals have adapted accordingly. our need to keep pace with these changes remains imperative and the stakes have never really been higher. >> reporter: chinese government officials say they are not involved. they say many of the attacks come from the u.s. >> translator: china has also been targeted by hackers. it'
gibbs. cyber wars. china's army now targeting u.s. pipelines and nuclear plants. with us to discuss, the authors of a new report tracing the attacks to military headquarters in shanghai. plus, play of the day. while the press corps was banned from the president's golf outing, tiger woods, david letterman fills in the missing links. >> this is our president playing golf this weekend. huh? >> that's one way to do it. good day. andrea mitchell live in washington where president obama is surrounded by uniform police and is now issuing dire warnings about the consequences if automatic budget cuts, the sequester, will create job losses and a setback to the recovery if that goes into effect next week. in response senate republican leader mitch mcconnell still prefers campaign events to -- joining me now for our daily fix, chris calizza and managing editor of post politics.com. well, chris, we saw the performance at the white house. this was a set piece, if you will. the instant response from mitch mcconnell. the bottom line is neither side is negotiating. the white house now assumes the se
of europe, japan, china and south korea. next on booktv. this is a little over an hour. [applause] >> okay. first of all, it's great to be back at the japan society, and we enjoy our relationship that way. tokyo, for the mcgraw-hill companies, has been the headquarters of our asia pacific operations for 25 years now, and we enjoy a terrific relationship and a lot concern in a lot of different ways. one of many by colleagues is with me, doug peterson, who just joined us from citi, and he is heading up standard & poor's ratings, and we welcome you, doug. and doug has lived with citi all over the world and as such as lived quite a bit of time in japan itself. so it's great to be with you tonight as well, doug. let's see, in terms of this whole notion of the book, you know, by the way, it's a very modest title, banker to the world. [laughter] you know, when i heard of this -- and i'm a very close personal friend of bill's, like everybody in this room is, and so when testifies talking to me about this -- when he was talking to me about this concept of what he wanted to write about, lessons of d
>> reporter: good evening, brian. a day after new evidence that china's military is the source of thousands of cyber attacks against american business, the white house launched a new effort to protect trade secrets. cyber spying and other forms of economic espionage are a growing national security threat, much of it from china. according to a white house report released today. >> the hacker in china can acquire source code from a software company in virginia, without leaving his or her desk. >> reporter: a few keystrokes can result in the theft of designs worth billions. while china denies it engages in cyber war or other thefts of trade secrets, 16 of the 19 cases of economic espionage cited today involve china. victims included big corporate names like ford, dupont, general motors, cargo, dow chemical, boeing and motorola. and when it comes to cyber attacks, this week's revelation about unit 61398 of china's army, located in this nondescript building in shanghai, is only one example. >> this is just one part of what is a very robust military and intelligence chinese governmen
from around the world. spanish bank stocks hit hard. bbv bbva, sees profits plunge. a pair of china manufacturing survey seeking expansion in january. the official pmi has slipped below expectations. >> and is steady as she goes, the u.s. economy is expected to keep up the recent trend of modesty of unspectacular job growth in january. >>> plus, the dutch finance minister warns of a worsening deficit this year, this after the government is forced to bail out local banks after a bailout of 3.7 million euros. >>> we kick off with the pmis out of the eurozone. january manufacturing pmi, 47.9. the flash 47.5, december manufacturing pmi was 46.1. it has boosted the euro to maintain its gaze, now back over to 1.3651 and continuing to climb high. that is now a 32-month high against the yen, as well, at 11.25965. the german manufacturing pmi was a little better, as well, this morning. helping to boost those numbers. we suggest that there's benefits from emerging markets rather than, perhaps, from elsewhere in europe. anyway, coming in better once again for the eurozone. still in contraction
entrance of the building. we will get the latest from the scene. a motorway bridge collapses in china, where a truck packed with fireworks exploded. in mexico city, 25 people have been killed in an explosion at the state oil company. rescuers are trying to help the many that were trapped. can australian do enough to stop the united nations from stripping the great barrier reef of its world heritage status? also, looking at what's happening in business news. and jobs in the usa. >> the american economy is shrinking. employment, hoping for 160,000 new jobs to have been created. we will get the manufacturing reports later today as well. >> its 12 noon in london, 7:00 a.m. in washington, 2:00 in the afternoon in turkey. if we start with breaking news. there's been an explosion in front of the u.s. embassy in turkey and one person has been killed. there's no indication as to what caused the explosion in a neighborhood that's home to a number of foreign missions. let's get the latest from our correspondent outside the u.s. embassy. tell us what you know. >> one person killed. i have also se
up on the program, we'll head out to hong kong where china is requiring a reinstruct during of the economy. >>> after that, of course, the super bowl wasn't just one of the on biggest sporting events of the year, it was one of the biggest days of the year for madison avenue. we'll take a look at which ads were touchdowns and were ads were fumbles. >> mariana rajoy meets angela merkel. >>> plus, upcoming elections that sylvia berlusconi has called his last great electoral and political battle. >>> the power to split up uk banks if they fail to -- activity. george osborne is expected to give the bank of england the responsibility to make sure banks are involved in these activities. you have to love the extended analogy. watch the george osborne speech live here at 10:30 local for those of you here with us in the uk. in the meantime, there are more charges at the top over at barclay's. last night, the bank's financial chief and financial chief announced their leaving. tomorrow, barclay's ceo anthony jenkins will face questions in parliament over banking standards and next week
.s. and china are our biggest markets. the u.s. has done well. europe is low growth. that is just to stay we are in. with intercontinental at the top and, we perform well. >> a couple of brands on the move there. >> thank you very much indeed. now, a secretive chinese military unit is believed to be behind a series of hacking attacks on the u.s. infrastructure according to an american based computer security specialists. they say they believe that many of the most serious attacks came from a power bloc in shanghai. they have analyzed more the 140 attacks launched by the target since 2006 and say that china has targeted critical infrastructure in the united states and that their electrical power grid and waterworks the tax can be placed on addresses in shanghai. for a bit more, john is in shanghai. what have you tried to discover and what are the difficulties you have encountered? >> it has long been alleged that china is behind this kind of systematic cyber-attack. but i think that this report has something qualitatively different. it is very different and contains keystroke by keystroke ana
to step aside. >>> the rush to set up shop in china is down. the fastest decline in more than three years in january. >>> okay. lots happening on the program today including a grew interviewer coming up. we'll be counting down to the bank of england minutes after andrew bailey is to lead the new banking regulation unit. the minutes will be out in a half-hour's time. we'll bring those and u.k. unemployment figures. >>> the central bank watch extends overseas as investors stand by for minutes from the federal reserve's latest meeting. they're due out later this afternoon in the u.s. will the fomc offer clues on an end to qe3? we're joined at 11:30 to weigh in. >>> with india's government clouded in corruption allegations, we'll speak to one of the country's wealthiest individuals and what it means for business. billionaire udai kotak joins us in 20 minutes' time. >>> plenty coming up including sony which is heading to the bill apple for a major on, national endowment. will the game console giant take the wraps off its rumored playstation? expert analysis at 11:20 cet. >>> and bhb bulletin h
challenges facing the economies of europe, japan, china, and south korea. next on book tv. this is a little over an hour. [applause] >> okay. first of all, it is great to be back. we enjoyed our relationship that way. tokyo has been the headquarters of our asia-pacific operations for 25 years now. we enjoy a terrific relationship and a lot of different ways. one of my colleagues who is with me, doug peterson who just joined us from the city, and he is setting up. we welcome you, doug. dougie is all over the world. as such, he has lived quite a bit of time in japan himself. it's great to be with you tonight as well, doug. let's see. in terms of this whole notion of the book, by the way, a very modest title, banker to the world. when i heard of this, and i am a very close, personal friend of bill's, like everyone in this room is. and so when he was talking to me about this concept of what he wanted to write about to lessons of debt crises and all of this, i just knew that it was right in our sweet spot, what we needed to the will to do. so we were able to convince them. so no i'm not talking
. they plan to have more than 1500 cafes in china by 2015. that is the latest from the fox business network, giving you the power to prosper much. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c-class iso exception. it's a mercedes-benz throu and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. tracy: breaking news. colleagues at the "wall street journal" reporting officemax and office depot are in talks o merge. sources say the talks are fluid and could still fall apart. shares of both are up really nicely in the past year. and of course you definitely want to catch those names in tomorrow's open. man, officemax up almost 87% over the last year. ashley: that's impressive no doubt. tracy: selling a lot of post-its. ashley: it is. get your motor running. it is the final day of presidents weekend and automakers count on good weather for big customer turnout. over 12% february sales come from this weeke
only from china, but as you point out, from the chinese military. a seven-year internet hunt zeroed in on one neighborhood in shanghai, and finally, this 12-story building, the source of thousands of cyber attacks against 141 u.s. companies spanning 20 industries. whose building is it? according to a new report confirmed by u.s. intelligence, it's the headquarters of unit 61398, the cyber warriors for china's peoples liberation army. >> i think it was time to let the world know, it's actually not just from china, it's the chinese government sanctioning these attacks. >> reporter: among the targets of china's hackers, america's very infrastructure. >> now our enemies are also seeking the ability to sabotage our power grid, our financial institutions, our air traffic control systems. >> reporter: other targets of chinese hackers, familiar brand names like coca-cola, facebook, "the new york times," "washington post" and "wall street journal," and only today, apple. the hackers have user names like ugly gorilla and doda. according to this instructional manual from mandia, the computer s
carlson. breaking news overnight, and new report says china military has stolen important data from hundred target. they beefed up the military and hacking capabilities. should we be cutting ours? >> steve: more good nice, gas prices got hiked up for the 33rd day in a row. prices continue to soar, washington continues to stay silent. when can we expect in relief i ask. eric bombing. >> eric: if s your gun stored in a safe place? the new law that let's cops search legal gun owners who haven't broken any laws. fox and friends starts right now. >> gretchen: brian is extending his holiday weekend for another day. we have eric bombing sitting here. >> steve: can you believe it. a former oil trader on the couch and first, let's start with fox news alert. >> gretchen: major cyber security, a series of hacking attacks against the united states. heather joins us live with more. >> reporter: good morning to you. these are the startling findings in a new report that has just been released. the 74-page report says 141 major hacking attempts have been traced back to a secret group that is linked
on bringing top investors with us. we brought china investment corporation to invest in several transactions. last year 1.5 billion came from investors. so our approach is invest a little bit of money, but have investors since the walls come and invest in russia so it's all about increasing the partnership of foreign investors and of private investors in the foreign economy. >> we had the ipo going on at the moment, as well. you are a stakeholder in that, as well. can you tell us what the intentions are regarding that ipo? >> well, we're big deliverers in my business. we're a shareholder. we would like to increase our stake in the business and we would like to continue bringing investors with us. we already brought quite a few investors into the company. the ipo will be happening tonight. we have big delivery of the business because it's a monopoly stock exchange in russia. president putin mentioned that most of the exchange will happen with the schangz. >> and so you can't tell us exactly what you're doing until we find out tomorrow, but there is a good chance you want to increase your expo
it was targeted last month in a sophisticated attack, identified as coming from china. the firm also says it failed to compromise you their data -- compromise user data. .he story made front-page news the cyber attack on apple comes within hours of a report by u.s. company -- by a u.s. company that points out -- points a finger at china. this is allegedly the building in shanghai that is believed to be at the center of the global hacking operation. the office is said to be occupied by a chinese military unit. the chinese government denies the accusations. experts say hacking is a way of gaining an advantage over countries that the chinese art keen to try -- are keen to try to outsmart. >> stealing valuable intellectual property, having some financial, proprietary information -- , in lash out politically some instances. >> the real worry is that the hackers turn your attention to delicate infrastructure, like oil refineries and power stations. online corporate security will need to be beefed-up even further if company files and customer safety are to be preserved. china's incoming presiden
cities in china last month despite the efforts to reign in speculative activity. officials will expand a pilot property tax program and other measures to curb the price hike. new housing prices rose in january in 53 cities. prices soared 2% or more in the industrial hubs of schennzhen. they went up 1.6% in beijing and 1.1% in wuhan. officials say they will expand taxation on real estate from shanghai to other cities. they say the measure is it to prevent public criticism linked to unaffordable property prices. they also plan to define maximum limits for price fluctuations in beijing and other big cities. >>> authorities in china and japan have been at odds for months over a territorial dispute. but another crisis is prompting them to work together. record levels of air pollution in china have been traveling east spreading fine particles over western japan. officials from both sides have met in beijing to discuss a common response to the issue. a working level meeting took place on friday, following a request from japanese authorities. chinese officials said they introduced emission sta
-- a crisis. -- the crisis. >> in china the foreign ministry says they are firmly opposed to the third nuclear test in north korea. the have urged north korea to abide by its non-nuclear commitment. martin has traveled to the border city to gauge local reactions. >> we are here in the city, home to the largest north korean population in china. the soldiers told us that we were not allowed to film because the situation was highly tense. carrying out its third nuclear test 100 kilometers from where i am standing. >> we are near the north korean border. if there were any nuclear radiation, it would greatly affect our health. i hope that authorities can find out if it has harmed the environment. >> north korea is so poor. if the situation becomes worse, this city will be flooded with north korean refugees. >> the un security council has condemned the north korean nuclear attacks and said that they will take further action, but if new sanctions are to be introduced, they will have to employ china as the main backer. beijing will want to send a tough message to pyongyang, that this type of behavior
years ago it looked pretty shakey. china camp state park in close when the state park system was battered by state budgetcuts. we have been in triage mode in the last few years in ha in addition to the historical china camp village, the park has some of the best single track mountain bike trails in the bay area, trails the mountain bike team train on. to come and hang out at the park. but concerned citizens of marin raised nearly a million dollars to save china camp from closure, money that was matched by another million dollars from state parks. saturday those fund raising groups signed a partnership with the state park system to formalize that agreement. that matching money, which was part of the undisclosed funds embarassingly discovered nearly two years ago in the state parks budget, will bring enough funding for three marin county parks to stay open for two and a half years. china camp, olompali, and samuel p. taylor. three ago. as welcome as those funds may be, state matching funds will not be available in the future and state park officials realize that partnerships wi
big. today there was another development in the ongoing standoff between china and japan in the east china seas. a day after accusing the warship of using weapons on a japanese destroyer, japan's prime minister fired back, describing it as a provocative act. he said the country's need to go back to a strategic partnership with mutual benefit. after the recent flare-up, is that possible? >> on january 30, japan says the chinese navy locked its radar on a japanese destroyer in the east china sea. about 10 days earlier, tokyo says another chinese for gates -- chinese frigate did the same to a helicopter. japan cost prime minister condemned the incident. >> at a time they are resuming talks, it is regrettable china has carried out provocative action towards japan. >> the incidents are reported to have taken place close to this group of islands in the east china sea, which japan controls but china claims as its own. for months japanese and chinese coast guard ships have been engaged in a game of cat and mouse around the islands. china has sought to assert its claims. previous incidents ha
taster. in china, it's the first trading day market in the new year of the snake. so will it be new year old problems? up next from hong kong, we'll have the latest analysis. >> did you just slither? also, the final week of campaigning in italy ahead of the general elections. we will be live in milan throughout the morning for a roundup of the candidates policies and pit falls. julia will join us for that. >>> and hear state from the finance ministers. we have a roundup of the g-20 meeting in moscow. >> and london fashion week is under way and international expansion seems to be the latest trend. we'll hear from top designers who are putting their foot forward on the global runway. >>> first, standard & poors says it wants more time to gauge shinzo abe's rating policies. s&p says recent policies could reflat japan's economy. but the government's books will continue to be weighed down by heavy debt. that's even if plans go ahead to raise a sales tax. there's a one in three chance of a downgrade this fiscal year. this is as the japanese prime minister shinzo abe says he will consider chang
announcer ] hold packages at any fedex office location. >>> over the weekend, china's service sector gauged up slightly for january, as well, which is adding to evidence of some economic rebound. let's check in with markets across asia. li sixuan joins us from singapore. >> thank you, kelly. as you just mentioned, those eurozone fears and a negative handover from wall street were somewhat offset by upbeat data from china. the latest pmi data confirmed more signs of china's recovery. the shanghai composite reversed early losses to end marginally higher today. developers left the game. railway stocks soared to 8% to 10% growth in light of people traveling during this week's holiday rush. meanwhile, the hang seng had its worst day in almost three months. shares tumbled 6.4% today after a $3 billion new share placement added 9.5% discount from montd's closing price. in japan, the nikkei pulled back from its 33-month high, ending down by nearly 2%. shares slipped of 6% after its outlook by 16%. retailing lost over 3%. this comes after its unit close in domestic same store sales last month. elsew
that is a major game changer. the third major trend is china, the china story is getting bigger and bigger and bigger. not only that, the money is coming out of china rather than investing in u.s. treasury, it's chasing for the acquisitions of sf and equity stakes and various companies to earn higher returns and also gain larger market share. now, the fourth trend, of course, is the huge asian plus china kind of trade block. it's one of the largest in the world by population size. but it's also growing much faster compared with other markets. so all these four different trends trarns late for positive earning he in the region. >> where are the map opportunities, then, if you're looking from an investment angle? where would you see the sectors you get most of this transaction? >> right. right. so you would look at the region. what's happening is the rise of the middle class. in china, of course, at the country is changing from an export dependent economy to an economy of more balance towards internal consumption, i.e., underpinned by the rising middle class. and the same story you were sayi
slowing of contraction. in china, services pmi accelerating to 54. as markets climb back from the s&p's worst day since november, is today's market going to demonstrate investors' willingness to buy the shallowest of dips. >> the business that accounts for half of sales down 6% for the recent quarter. >> justice department's lawsuit raising all kinds of questions. is this payback for downgrading the sovereign debt? >> and will today bring news of a dell lbo, and if it happens, what is the effect on equity markets, credit markets, the pc sector and michael dell himself. >> we start with the markets today. futures off the highs of the morning. the biggest decline of the year so far. s&p fell back below 1,500. the markets topped out, or is there more room to run for the bulls. jim is back from new orleans and other exotic locales. >> oh, yeah. >> good to have you back. >> thank you, carl, good to be back. >> are we in a new kind of environment? >> i think there's some program selling. the dow 14,000, a lot of institutions might say, okay, enough is enough. let's do some lock-in. i thin
to benefit from that. from china, india, indonesia, and so on. that is not the end of the story. a task even graver remains. to enhance japan's productivity. women should be given much greater opportunities. the mostly aged population should be able to give their money to the younger generation with similar tax burdens, which is exactly what my government is now doing. before conclusion, let me make a few words on china. and then define how i view the u.s.-japan relationship. history and international law both attest the japan sovereign territory. between 1895 and 1971, no challenge was made by anyone against japanese sovereignty. we simply cannot tolerate any challenge now and in the future. no nation should make any miscalculation about the permanence of our resolve. no one should ever doubt the robustness of the japan-u.s. alliance. at the same time, i have absolutely no intention for escalation. my government is investing more into the people oppose the exchange's between japan and china. for me, japan's relations with china stand out as among the most important. i never cease to pursue
countries-pat spoke with leaders about her husband's upcoming tariff to -- trip to china, explaining he was trying to open a dialogue, and she reiterate america's promise of financial assistance and announced the creation of two grad walt scholarships for women to travel to the united states to study. not her official pronouncements that earned her the accolades, either in the country she visit or back home. it was her warmth, enthusiasm, general win appreciation of and affection for the people she met in monrovia, she said she could not wait to meet people. she did that. she waded into crowds, shaking hands, and giving hugs. at the inauguration ceremony she gave the president a cheek-to-cheek embrace. he called her, quote, woman with strength of spirit and fortitude of character, when a group of women presented her with cloths, rather than just slipping it under her chair, she stood up and began to tie it around her waste. the women got up and came up to help her and dressed her in the traditional clothing. pat's delight in her outfit and her willingness to 0 model spoke volumes out ab
and china on this. where is the dialogue going to come from? >> it is clear that there is no change from russia and china. i do not think we need to risk more lives. talking to the russians, they will not change their stance. they are still backing and supplying the assad regime with ammunition. yesterday, in my talks to some of the activists, the rebels, the fighters on the ground, they informed me that there is a new type of tool coming and being used by the army. they have never seen it before. it is clear that these kinds of tools like coming from russia, and we have many reports that the russians are still supplying. this is why we do not need to waste more time talking to the russians, or waiting for the security council. the syrian people are taking their own wars on their own shoulders. >> good to get your perspective on this. thanks very much. a british food processing firm has denied any illegal or immoral activities after being accused of moving profits out of zambia to reduce their tax bill. they are called zambia sugar. >> a highly successful business employing thousands of
that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been pretty patient with its bad behavior and this nuclear test could complicate things a bit, given that the chinese support was to maintain the status quo in the region. guys, back to you. >> chery, thanks very much. we should note the international response has been swift. you saw president obama calling for swift reaction. india saying reports of the nuclear test are a matter of deep concern according to a foreign ministry statement. >>> moving down to conco which has expressed solidarity with its ceo who has just been arrested for alleged bribes. shares have just resumed trade in malan. now, ross, they're down something less than 9%. we did see closer to a 15% decline earlier. over to you. >> than
heart targeted by hackers. those companies pointing the finger at china for a new string of cybercrimes. fox business network's peter barnes joins us for this. peter, everything is okay in your twitter account and in peter barnes's world? >> reporter: i don't even know what my handle is. jenna: that is good place to start. that way nothing can be stolen. we hear about different hacking taking place at different times. how concerned is wash ton really about this latest spring of reports?. >> reporter: very concerned. the administration appears to be getting ready to get tougher on china over all this computer hacking. a new government intelligence report in fact to be released shortly is expected to call the rise in chinese cyber attacks a threat to the u.s. and its economy. the moves come after "the washington post", "the new york times" and "the wall street journal" announced recent attacks on their computer systems suspected of original senating from china. social media site twitter as you say said friday dreamly sophisticated hackers from an unidentified source may have stolen the us
foreign policy challenges. china during the last couple of days we've seen this report last week. very well regarded confirmed report that has actually traced china's seeber attacks back to a military unit in shanghai, and that is only one part of it according to although experts we've talked to in and outside of government. what should the u.s. do in reaction? >> well, i'm very concerned. i read the report. i've also read our reports classified out of intelligence, and i think the mendient report which is now unclassified, is public, is essentially correct. i think china has to face up to it. i think our government needs to sit down with china forth with, present the evidence to china, ask china for its investigation, and press, press, press. this is going to no good end unless there is some agreement between our two nations and the world committee -- community for an agreement which is enforceable. one of these days there is going to be a huge cyber attack somewhere, and we must prevent that from happening. >> we're not without crisis. how about afghanistan? in the last 24 hours we'v
of people is underway in china -- the world 's largest annual mass migration of people is underway in china. many of them are passing through beijing. it is the world's busiest train station. us police have charged an iraq war veteran with the murder of a former navy seal sniper. chris kyle was famous as a man whose shooting skills had saved lives. and a friend were found shot dead at a texas hunting club -- he and a friend were found shot dead at a texas hunting club. you met he shot dead at least 160 people -- >> he shot dead at least 160 people. >> every person i killed, they were actively trying to kill americans, allies, or civilians. >> he and his friend were shot dead. the man accused of killing him, had arrived at the shooting range with the victims. routh served with the koreans from 2006 to 2010 and was awarded several medals, including one for good conduct. >> around 5 p.m. -- 5:00 p.m., they came across the victims and saw they looked like they had been shot. they were not conscious. they called the lodge -- they went to the lodge and called 911. >> routh a be suffering psycholo
saw in china sales rebounding last month, over 2% following a big drop in december. you're also joining baic motors in a joint venture there. how do you see the china sales progressing? and what percentage of your sales will now be in mainland china? >> well, we expect china to become our biggest market. last year, this was the united states. in china, we after a slowdown of our growth last year have made some decisions, including a board member for china, a new sales structure and recently the intended investment into bike. with these changes and, of course, lastly driven by our great product, we expect to regain momentum throughout this year. >> what happened in china? were you not -- should you not have been more aggressive going into that market which is clearly the growth opportunity here and where are you lagging rivals? >> well, first of all, we came many years later than our direct competitors. for about 60 years, we had a great catch up. we grew faster than our direct competitors. in 2011, we were almost at the level of one of the two competitors. 12 we lost momentum. t
our sovereignty said china, the u.s., now canada, even leaders doesn't permit us to monitor. doesn't permit us to report to international body. doesn't permit an international body to tell us what to do with emission. sovereignty has become the obstacle to cooperation and increasely made states look more and more dysfunctional. how is that the most powerful, well equipped military nation in the world has ever seen the united states of america can't bring a handful of terrorists to heal in benghazi or mali, or afghanistan. the asymmetry between a massive military based on big ships, planes, and bombs and the reality of every day -- cross borders that a symmetry means that the war machine, the war machine of the greatest state there ever was is largelier relevant to the security threats we face. as we learn on 9/11 when in this city, a handful of hijackers living in the united states for years hijacked our planes and turned them to weapons. they didn't have to be given weapons by anyone. they seize them and use them and created devastation here. that, again, is a sign of this new asy
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